EV.energy snags $33M Series B to help utilities save billions on grid upgrades
Too many EVs charging at once could crush the grid, something EV.energy’s demand management software seeks to avoid.
Google, Accel India accelerator choses 5 startups and none are ‘AI wrappers’
Google and Accel say about 70% of AI startup pitches tied to India were “wrappers” as they reviewed more than 4,000 applications for their Atoms cohort.
Others
Upgrade acquires travel-focused BNPL startup Uplift for a song
Upgrade, a provider of personal credit lines and other consumer financial products, today announced that it’s agreed to acquire Uplift, the buy now, pay later (BNPL) vendor, for $100 million in cash and stock. It’s likely not the exit Uplift was hoping for — and a sign of serious consolidation in the BNPL space, which […]
Reddit is testing its own verification mark and new accessibility features
After Twitter’s (now X) rollout of a new paid plan offering verification, other social media companies like Meta, LinkedIn, and Tumblr have tried to implement their own badges. Reddit is now joining the bandwagon by testing a new “official” badge. The company said it is testing these labels with a small set of profiles as […]
Bloom Money raises £1M to digitize microcredit finance for ethnic communities
The company seeks to digitize the rotating savings and credit association (ROSCA) financial technique often used by ethnic communities.
Samsung extends cut in memory chip production, will focus on high-end AI chips instead
Samsung Electronics continues to cut back its memory chip production, including NAND flash used in smartphones and PCs, after reporting a $3.4 billion (4.36 trillion won) operating loss in the second quarter of this year in its memory chip unit. The world’s biggest memory chip maker posted a roughly $7 billion operating loss in its […]
Twitter rebrands its Android app with the new X logo
Twitter updated its Android app today by replacing the iconic bird logo with its new X logo — the latest step in its ongoing rebranding efforts. The company also updated its app listing on the Google Play Store to reflect the new branding with screenshots of the app with black backgrounds and the X logo. […]
Kenya’s FarmWorks raises $4M pre-Series A funding
FarmWorks, a Kenyan agtech that provides farmers with access to farm inputs, and market for their produce, has raised $4.1 million in a pre-Series A round led by Acumen Resilient Agriculture Fund, an existing investor. Livelihood Impact Fund, Vested World, a number of family offices, and angel investors also participated in the round that brought […]
Tap Into Boundless Success Potential With These Remote Business Ideas
Are you tired of getting up in the morning, getting in your cold car, and driving to work? Then don’t. Check out these remote business ideas.
The Top 10 Home Business Ideas for 2023
Can’t figure out which enterprise you should launch in 2023? Check out 10 stellar home business ideas to get inspiration.
Ecosia adds a train travel search tool powered by Omio
Looking to ride the tracks of increasing demand for longer distance train travel that’s being fuelled by climate-concerned consumers seeking to shrink the environmental impact of their trips, tree-planting search engine Ecosia and multimodal travel booking platform Omio have partnered to launch what they’re billing as a “tree-planting rail travel booking tool”. The idea is […]